Annual Presentation : August 28th

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Strategic Objectives

? Increase production to 25,000 to 30,000 ounces per year at <$700/ounce cash cost by year end 2012

? Maximize the value of the Borealis property through further definition drilling and exploration

? Increase gold reserves and deposits through the acquisition and exploration of additional gold bearing properties


Meanwhile :

* there might have been some delays and/or problems :) without any doubts

* my position has been built at a pretty fair moyenne

* the gold price is ready for a new rise

The results will be seen in the next 36 months. I'll come back in a few months for a first check if this has already payd off then.